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Palomar Medical, Gillette to Research Laser Hair Removal

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BURLINGTON, Mass., Feb. 21 -- Palomar Medical Technologies Inc. and The Gillette Co. signed an agreement this week to complete development and potentially commercialize a patented home-use, light-based hair removal device for women. The agreement provides for up to $7 million in support of development to be paid by Gillette over approximately 30 months. Palomar CEO Joseph P. Caruso said the company introduced the first high-powered laser hair removal system in 1996, and since then, many of the major advances in laser hair removal have been based on its technology. Its systems are now used in...Read full article

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    Published: February 2003
    News & FeaturesLasers

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